The Taxation Administration Amendment (Corporate Tax Entity Information) Bill 2017 (Cth) (Bill) (which was introduced into the Senate by Senator Katy Gallagher on 14 August 2017) proposes to amend section 3C of the Taxation Administration Act 1953 (Cth) which details the type of income and tax information that the Commissioner of Taxation in required to make publicly available annually for corporate entities.

The Bill proposes to reduce the public reporting threshold for private corporate entities from $200 million to $100 million so that all public and private corporate entities with total income of $100 million or more would be subject to public reporting.